Word: bulls
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Ryan is sipping on a Red Bull, about to start studying. He sounds relaxed, happy to have a reason to delay the inevitable late-night cram session that lies ahead of him. But this evening will be fueled by more than just an energy drink. Ryan has something a little stronger in mind—something he got from his doctor...
Gold enthusiasts haven't had a bull market to crow about in more than two decades, but we're in one now. The price of an ounce has zipped past $600 for the first time in 25 years. Gold-mining stocks have doubled since early 2003, and most pros expect more gains--for mining stocks and the metal itself...
...once a bull market becomes this obvious it pays to tread lightly. Speculative money--mainly from hedge funds--has been pouring into the metal, and once something goes wrong, it will pour out just as fast. "We're getting a little nervous," concedes Anton Pil at JP Morgan Private Bank. But forecasts like DiGeorgia's are not all that outlandish. We may be in a modest inflationary cycle, and if you adjust for the past 26 years of inflation, gold should be at $2,150 already. Potentially, there is a lot of ground to make...
...very big thing, warn the skeptics. Interest rates are rising nearly everywhere, and if there is one simple adage that many investment advisers live by, it's this: "When rates are high, stocks will die." Indeed, one of the most impressive?or scariest?aspects of the current global bull run is that it has come in the teeth of central-bank tightening, most importantly by the U.S. Federal Reserve, which could slow growth in the world's key economic locomotive. The Fed has increased a key short-term interest rate?the so-called Fed funds rate?15 times dating back...
...what could happen to Harvard, one need only look at other Ivy League colleges, where students double and triple major, all in the name of cock-and-bull dedication—both amongst their peers and in the world at large. With the addition of new distinctions amongst students and their diplomas, this situation will appear at Harvard as well. Where previously, no student at Harvard could add a secondary field, now, students might even be compelled to explain why they...